Market Overview
Home Prices in Garnet Valley, PA
The median home value in Garnet Valley, PA is $706,987 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Garnet Valley are priced72% above average. Garnet Valley is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Garnet Valley home values have risen by approximately36.8%, reflecting strong long-term appreciation in this market.
Price History
Garnet Valley Home Price Trend
City Comparison
Garnet Valley vs. National Median
At $706,987, homes in Garnet Valley cost 72% above the national median of $410,000. Buyers in Garnet Valley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Garnet Valley?
20% Down Payment
$141,397
on $706,987
Monthly P&I
$3,687/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,682/mo
incl. taxes & insurance
Income Needed
$187,280
gross annual (30% rule)
10% Down Option
$70,699
+ PMI applies
Loan Amount (20% dn)
$565,590
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Garnet Valley, PA?
The median home value in Garnet Valley is $706,987 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in Garnet Valley?
Over the past year, home values in Garnet Valley have increased by 2.2%. Over five years, prices have risen approximately 36.8%.
How much do I need to earn to buy a home in Garnet Valley?
To comfortably afford the median home price of $706,987 with a 20% down payment ($141,397) at today's rates (6.8%), you'd need a gross annual income of approximately $187,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Garnet Valley compare to the national average home price?
The national median home value is approximately $410,000. At $706,987, homes in Garnet Valley are 72% above the national average.
What metro area is Garnet Valley part of?
Garnet Valley is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.